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According to a report on CNBC, the chief executive of Nasdaq is confident that cryptocurrencies such as bitcoin will be traded on Nasdaq when the proper regulations are in place.
Silicon Valley investors have funded British technology with over a billion pounds last year, a record-breaking amount and implicitly announcing the idea of Britain as a serious player in the tech world.
Traditionally, a nation's currency is backed by the country's central bank, which is connected to other central banks around the world through the global financial regulatory system. Governments are, of course, involved. They back their own central banks and are responsible for the legal system with
